Meter MTRGUSDT Swing Trade Idea If BTC holds up well, we could see a quick 2-3x move on MTRGUSDT. Chart looks bullish.
Hey guys I just spotted this possible GEM of a coin situation here .. KUCOIN:MTRGUSDT These are some KEY lvls to keep your eye on RIGHT now as i think this coin could MOON soon ! Meter Governance (MTRG) is a DeFi infrastructure with an in-built, metastable, crypto-native currency. The all time high for this coin was around 17 $ Lets get this crypto !
Price could not break down trend line and most likely price action would be to visit back the range between 1,6 and 1,84 USDT. Wait for confirmation below 2,39. If 2,39 stands and price manages to break the upper trend line, target would be between 3,94 and 4,6 USDT.
Looks like distribution at the highs. Don't be tricked seeing the price maintain the trend line and thinking this is bullish. Blue zone is next.
$MTRG has had a beautiful last 2 months but recently saw a pullback, and is now seeing big selling power near the mid-4s. This bearish engulfing tweezer at the significant former support is very bearish, plus the slightly above average sell volume. Add the RSI support trendline break and retest, and a deeper pullback looks imminent.
think we see continuation on this one upto the .618 tbh 100% on offer here not bad at all safer entrys on retests of those supports labelled below the breakout plenty of potential to reclaim listing price zone these kucoin gems get over traded like crazy see how we go
Buy $8.65 - 8.85 Stop loss: close back below trendline support Given it's a new listing on kucoin and it has consolidated. I expect big things from this coin, after it's breakout retest